This certificate certifies that Juhi Singh completed an internship with PhoCusWright from April to June 2009, during which she executed six projects related to analyzing travel trends in regions like India, Asia Pacific, Europe, and conducting surveys of travelers and travel pricing. Her supervisor states that she proved to be an excellent resource with good analytical skills, curiosity, and dedication, and successfully completed all of her projects. He wishes her success in future endeavors.

1. PROJECT COMPLETION CERTIFICATE
This is to certify that Miss. Juhi Singh, a student of PGDM regular from Institute for Financial
Management & Research (IFMR), Chennai has executed the following projects as intern with our
company, PhoCusWright, under my guidance, from April’09 to June’09.
1. INDIAN OUTBOUND AIR TRAVEL MARKET; TREND ANALYSIS FOR Q109
2. ANALYSIS OF AVIATION INDUSTRY OF ASIA PACIFIC REGION (POST
DOWNTURN)
3. TRAVELER SURVEY AND TRAVELER BEHAVIOR ANALYSIS
4. MARKET TRENDS ANALYSIS EUROPEAN AIRLINES AND HOTELS
5. PRICING DATA COLLECTION AND ANALYSIS OF PRICING TRENDS OF ONLINE
TRAVEL AGENCIES
6. DATABASE SURVEY FOR FUTURE ENDEAVORS OF PHOCUSWRIGHT
Juhi, proved to be an excellent resource for PhoCusWright for most of our live projects. She has
good analytical skills, is curious to know more and is extremely dedicated towards her work. She
has successfully completed her projects.
I wish her all success for her future endeavors.
Ram Badrinathan
General Manager, APAC
PhoCusWright Inc.
USA l Germany l India
1 Route 37 East, Suite 200
Sherman, CT 06784-1430 USA
t: +1 860 350-4084 x440
m: + 91 9892692809
f: +1 860 354-3112
www.phocuswright.com